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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.21-0.3%3:59 PM EST

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To: jmac who wrote (38241)8/18/1999 9:36:00 PM
From: Uncle Frank   of 152472
 
>>what takes this market down and this stock in particular?

jmac, maybe you should look at the other side of the coin; in the absence of news, what took Q up on Friday, Monday and Tuesday (+10, +2, +11)? There was no news, so imo it must have been some of the big boyz moving in. The ta crowd tells us that stocks usually fill a gap, so once the institutions completed their purchases, it was reasonable that Q would partially retrace.

I have to agree with some of the other comments about your investing style; I believe you'll have much better returns if you stop watching and trading Q on a short term basis.

Frank
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